✉news BusinessPersonal Finance first seen 14 h ago, last 28 min ago, peak #18
Only 14% of Private Workers Still Have a Pension
Original: Only 14% of Private Workers Still Have a Pension. He Bought an Annuity Instead, and Social Security Treats Those Checks Two Different Ways
Only about 14% of private-sector workers still have a traditional pension, and one retiree's choice to buy an annuity instead is drawing attention to how differently Social Security treats annuity income. Depending on how the annuity is structured and funded, those checks can affect benefits in different ways, a distinction many near-retirees may not realize as they replace lost pensions on their own.
Why now: Readers approaching retirement are increasingly replacing vanishing pensions with annuities and want to understand the tax and Social Security implications.
Social Security Administration24/7 Wall St.
Rank over time, top of the chart is #1. 10 snapshots from 14 h ago to 28 min ago.
Evidence
- Only 14% of Private Workers Still Have a Pension. He Bought an Annuity Instead, and Social Security Treats Those Checks Two Different Ways · 24/7 Wall St.
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